Global survey reveals the top challenges and opportunities of new technology for the global consumer packaged goods (CPG) industry, with focuses on navigating inflation, supply chain disruptions, and more BRUSSELS, July 11, 2023 /PRNewswire/ — Rockwell Automation, Inc. (NYSE: ROK ), the world’s largest company dedicated to industrial automation and digital transformation, today announced the results of the 8 th annual " State of Smart Manufacturing: CPG Edition ". The global study encompasses the responses of 216 CPG leaders across 13 of the leading manufacturing countries. This year’s report emphasizes the evolution of the CPG industry, inclusive of home and personal care, as well as food and beverage manufacturers, specifically about balancing quality and profitable growth, the impact of process automation, the adoption of smart manufacturing, and the essential role of technology when mitigating risks, improving quality, keeping up with competitors, and maintaining business continuity. Key global findings include: 52% of CPG manufacturers see inflation as their biggest external obstacle in 2023. 42% of businesses are accelerating their digital transformation to keep pace with competitors, while 44% are doing so to improve quality. On average, businesses in CPG invest just over one-fifth of their operating budget on technology with […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
